The 2022 federal election campaign has begun in earnest. Prime Minister & Liberal MP for Cook Scott Morrison promises "to create1.3 million jobs over the next five years" [Sydney Morning Herald, 11 April 2022] and Opposition Leader & Liberal MP for Grayndler Anthony Albanese pledges "to support a road map released by Tech Council Australia (TCA) to reach 1.2 million jobs in the industry within eight years" [NEWS.com.au, 24 March 2022].
Perhaps before considering competing promises and any future claims one should look back on employment and jobs growth year-to-year for the four years since that regime change occurred.
Australian Bureau of Statistics- ANZ Research: National Job Vacancies(work available), Unemployment, Underemployment & All Hours Worked
6 September 2018: 178,322 advertised jobs available in August prior to Morrison becomes prime minister 24 August 2018
Seasonally adjusted in August there were:
est.12,631,300 people listed as employed;
est. 708,800 listed as unemployed;
the unemployment rate was 5.3% and underemployment rate was 8.1%.
Total hours worked all jobs that month - 1,750.9 million.
6 September 2019: 156,978 advertised jobs available in August
Seasonally adjusted in August there were:
est. 12,926,900 people listed as employed;
est. 716,800 people listed as unemployed;
the unemployment rate was 5.3% and underemployment rate was 8.6%;
Total hours worked that month - 1,782.6 million.
Compared to August 2018 there were fewer available jobs, more people listed as unemployed and the underemployment rate was higher. More people were recorded as being in employment and national hours worked had risen.
7 February 2020: 149,544 advertised jobs available for January pre-COVID
Seasonally adjusted in January there were:
12,988,400 people listed as employed;
725,500 people registered as unemployed;
the unemployment rate was 5.3% and underemployment rate was 8.6%.
Total all hours worked that month - 1,778 million.
6 September 2020: 109,103 advertised jobs available in August
Seasonally adjusted in August there were:
12,583,400 people listed as employed;
921,800 people registered as unemployed;
the unemployment rate was 6.8% and underemployment rate was 11.2%.
Total all hours worked that month - 1,683 million.
Compared to August 2019 there were fewer jobs available, less people were in employment, more people unemployed, the underemployment rate was higher and national hours worked had fallen.
6 September 2021: 195,995 advertised jobs available in August
Seasonally adjusted in August there were:
13,022,600 people listed as employed;
617,100 people listed as unemployed;
the unemployment rate was 4.5% and underemployment rate was 9.3%;
Total all hours worked all jobs that month - 1,714 million.
Compared to August 2020 there were more jobs available, more people in employment, less people unemployed, the underemployment rate was lower and national hours worked had risen.
Between August 2018 and August 2021 all cited indicators fluctuated. However, by the end of that four year month-to-month comparison: the number of available jobs had risen by 17,673 in a resident population which had grown by est. 570,000 persons; people in employment had increased by 391,300; the unemployment rate was 0.8% lower; the underemployment rate1.2% higher; and national hours worked had fallen by 36.9 million.
4 March 2022: 228,170 advertised jobs available in February
In February there were:
13,372,000 people listed as employed;
563,300 people registered as unemployed;
seasonally adjusted the unemployment rate was 4.0% and underemployment rate 6.6%.
Total all hours worked that month - 1,183 million. Most recent ABS data for 2022
Definitions
- Any person in the labour force who did paid work or who was only temporarily absent from paid work is considered employed.
- Any person in the labour force who didn't do paid work and wasn't temporarily absent from paid work is considered unemployed.
- Any unemployed person who is no longer looking for work is considered not participating in the national labour force.
- Any person in paid employment who is not fully employed and is looking for and/or available to start work with more hours is considered to be underemployed.
SOURCES
https://media.anz.com/search-results?key=job+ad
https://www.abs.gov.au/statistics/labour
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